Hawaii's electric utilities and Public Benefit Fee Administrator are making substantial progress in achieving State goals for renewable energy generation and energy efficiency.
Hawaii's electric utilities have exceeded the 2015 Renewable Portfolio Standard (RPS) target of 15% renewable energy generation as a fraction of utility sales.
All of the electric utilities, in conjunction with state agencies and County energy codes are also on track to meet statutory Energy Efficiency Portfolio Standards (EEPS) targets to reduce Statewide electrical energy use by 4300 Gigawatt-hours annually by the year 2030. This is target is intended to achieve a 30% reduction in the amount of electrical energy use otherwise projected for the year 2030.
As shown on the chart above, each of Hawaii's utilities is increasing the percentage of electrical power produced from renewable sources, including generation using wind, solar, geothermal and biofuel sources. HELCO, the utility serving the Island of Hawaii, and MECO, serving the Island of Maui substantially exceed the required achievement of the RPS requirements. HECO, serving the Island of Oahu, is allowed by statute to meet the RPS targets on a consolidated basis including achievement by HELCO and MECO. KIUC, serving the Island of Kauai, must meet the RPS independently. Both KIUC and the combined HECO/MECO/HELCO companies have exceeded the 15% RPS target.
In addition to the 2015 RPS target of 15%, the electric utilities must achieve 25% by the year 2020 and 40% by the year 2030. Achievement is based on the amount of renewable generation energy produced each year as a fraction of utility electric sales.
Chart last updated: 8/9/16